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Condos For Sale In Miami, FL
Miami is one of the most famous cities in the Sunshine State and a booming and mature market for Florida condos for sale. From affordable, converted lofts and studios in Midtown to luxurious, oceanfront penthouses on Brickell Key, there’s a unit for you in Magic City, no matter your lifestyle. If you are actively searching to buy condos for sale in Miami, keep reading to learn more about the market and the city.
Miami, FL Condo Market
The real estate market in South Florida is currently thriving, with home prices steadily increasing despite the limited inventory available. The area is a prolific seller’s market where sellers get high value for their properties.
Miami, a financial and cultural center in the region and the 72nd-largest metropolitan area in the globe, matches the trends of South Florida. The Miami real estate market has been consistently increasing for more than ten years. Over the past year, the median prices of existing condos for sale in Miami have gone up by 2.6% –from $380K to $390K.
Meanwhile, the median prices for single-family homes for sale in Miami increased by 3.5% year-over-year, going up from $536K to $555K. The resilience of the Miami real estate market is due to some unique attributes, including the high levels of migration and cash transactions that actively contribute to the increased demand for housing and maintaining high prices.
Miami’s Condo Supply
With Miami's vibrant and diverse culture, stunning beaches, and endless entertainment, it's no surprise that owning a piece of the Magic City is a dream for many. Whether you're looking for existing or pre-sale, traditional or high-end, oceanfront or suburban, cozy studios or lavish penthouses, Miami's got it all.
If you're hunting for condos for sale in Miami, some options include:
- Ultra-modern high-rises with water views in Brickell, Downtown, or Sunny Isles Beach.
- Vintage Mediterranean-style buildings in South Beach or Coral Gables
- Chic, modern lofts in Wynwood or Midtown
- Low-rise, Art Deco-style units in Miami Beach
Miami Condo Buyers
Miami has over 40 neighborhoods, and over half of those enclaves are attractive to all kinds of condo buyers. From Hollywood A-listers to retirees looking for a permanent home in the sun, there is a condo for sale in Miami for everyone's needs. However, a few types of condo buyers typically stand out:
- International investors snapping up luxury high-rises overlooking the ocean.
- Snowbirds escaping the winter weather in states up north.
- Young professionals looking for job opportunities in a no-income-tax, pro-business area.
- Local families finding three-bedroom units in suburban, family-friendly communities.
Miami, FL Condo Sampler
Four Seasons Residences
Four Seasons Residences is a top destination for luxury condo buyers in Miami, offering some of the best ocean views in Brickell. This tower is the second tallest residential building in the city and comprises one, two, and three-bedroom condos for sale in Miami.
Amenities include two swimming pools, poolside cabanas, a fitness center, full-service concierge, 24-hour valet parking, two on-site restaurants, and more. The Four Seasons Residences provides easy access to shops, restaurants, and bars at Mary Brickell Village and Brickell City Centre. The American Airlines Arena, South Beach, and the Miami International Airport are also less than 20 minutes by car.
Price range: $1.7M - $16.9M
Square footage range: 1,708 to 7,438
50 Biscayne
This building is easily recognizable in the Downtown Miami skyline because of its neon orange crown that lights up at night. The residences include studio to three-bedroom floor plans featuring stainless steel appliances, floor-to-ceiling glass windows, and balconies. The amenities provided include 24-hour concierge, security, valet parking, a modern fitness center, sauna and steam rooms, club rooms, a yoga/pilates room, and a resort-style pool with cabanas.
The Shops at Bayside, American Airlines Arena, and several Downtown Miami restaurants, such as Zuma and Novikov Miami, are all within walking distance from the condos for sale in 50 Biscayne. Other nearby attractions include the Adrienne Arsht Center for the Performing Arts, Whole Foods Market, and Brickell.
Price range: $440K - $2.9M
Square footage range: 567 to 3,059
Prive Island Estates
Situated on its own island in Aventura, Prive Island Estates is an upscale, twin-tower condo building with high-end condos for sale in Miami. Units in this complex encompass two, three, four, and five-bedroom floor plans, and the condos feature spacious living areas and high-end finishes and features.
By purchasing a Miami condo for sale at Prive Island Estates, you will have access to various amenities, including a private marina, a swimming pool, a separate lap pool, a tennis court, a 10,000-square-foot spa, and fitness center, a business center, a jogging path, dining and social rooms, private beach access, a full-service concierge, and more.
Price range: $2.79M - $7.45M
Square footage range: 2,350 to 4,399
Oceana Bal Harbour
Oceana Bal Harbour is a condo development located right by the ocean in the prestigious village of Bal Harbour. It consists of two towers, both 28 stories high. The development, completed in 2016, was created by Consultatio USA, with award-winning architecture firm Arquitectonica handling the design.
The Miami condos for sale in this complex are one, two, three, and four-bedroom units, and the amenities package this building brings is impressive and includes:
- Olympic size lap pool
- Two oceanfront spas
- Two tennis courts
- Poolside restaurant
- Fitness center
- Yoga, meditation, and Pilates zone
- Event's salon with kitchen and bar
- Meeting room
- Lockers and changing rooms
- Library with lounge space
- Children's playground
- Beach and poolside services
- Movie and media room
- Billiards recreation center
Price range: $2.15M - $25M
Square footage range: 1,267 to 7,534
Residences at Vizcaya
The Residences at Vizcaya are high-end, boutique condominiums in Coconut Grove with a picturesque view of Biscayne Bay. The Miami condos for sale in this complex have upscale features like private elevators, swimming pools, and terraces.
On-site amenities include a seven-slip marina, lap pool, modern fitness center, poolside cabanas and sundeck, and concierge services. The Residences of Vizcaya is located close to bohemian shops and restaurants, as well as Downtown Miami, South Beach, and Key Biscayne, providing easy access to all these areas.
Price range: $5.39M - $5.5M
Square footage range: 4,000 to 4,453
Gables Club Tower I
Gables Club Tower 1 is part of a two-tower affluent condo development located next to a marina with 42 slips for deep-water boats in sunny Coral Gables. It has 99 units spread across 16 floors, with sizes varying from two to six bedrooms.
The Miami condos for sale in Gables Club Tower I have tropical landscaping, bay views, and amenities like a heated swimming pool, spa, fitness center, social room, clubhouse, on-site restaurant, covered parking, and security.
The development offers effortless access to the bay and is just a few minutes away from downtown Coral Gables. Additionally, Gables Club is just 15 minutes away from the Miami International Airport, Brickell, and downtown Miami and around 20 minutes away from everything South Beach offers.
Price range: From $3.2M
Square footage range: 2,950 to 2,950
Akoya
The high-rise condo is situated in North Beach (NoBe), just a short distance from many popular Miami attractions. You can purchase condos with scenic views of Biscayne Bay, the Atlantic Ocean, the Intracoastal Waterway, and the downtown Miami skyline at Akoya Miami Beach.
Residents of Akoya Miami Beach have access to several amenities for relaxation, including a modern fitness center, swimming pool, tennis and racquetball courts, and a vast expanse of beachfront. The building offers various features for residents, such as 24-hour security, a porte cochere entry, and more.
You can easily access famous golf courses, boating activities, putting greens, spas, and performing arts centers in Miami Beach and Miami within minutes from the condos for sale in Akoya.
Price range: $715K to $2.97M
Square footage range: 683 to 1,761
Miami, FL Condo Amenities
When it comes to Miami condos for sale, the options are endless, but one thing remains constant: the incredible amenities they offer. From standard amenities like outdoor pools and fitness centers to lavish comforts such as Turkish baths, private marinas, and pet spas with dedicated groomers, you won't have a dull day in one of these luxurious living spaces. Some of the amenities that grace urban living in Miami include:
- Expansive oceanfront views
- Private beaches
- Resort-style or Infinite swimming pools
- Private lap pools
- Spas/Hot tubs
- Saunas/Turkish baths
- Poolside cabanas and chaise lounges
- Sun deck areas
- On-site, residents-only restaurants
- 24-hour valet parking service
- 24-hour security
- Gated entry
- Guards
- Butler service
- Lounges
- Full-service concierge
- Business centers
- Fitness centers
- Sports courts (Putting green, tennis, racquetball)
- Billiards rooms
- Storage units
- Bike storages
- Private marinas and yacht centers
- Helipads
- Golf courses
- Beauty salons
- Club houses / Clubrooms / Social rooms
- Private clubs with Meeting rooms
- Jogging paths
- Yoga rooms/gardens
- Multimedia screening and theater facilities
- Children’s playgrounds
- Nanny and child care services
- Bag pick-up services from nearby malls
- Pet services
- Private catering and professional chef
- Housekeeping services
- Pet parks / turfs / water stations
- Pet sitting / dog walker services
- Pet spas with dedicated groomers
Distances To Other Cities From Miami, Florida
- 6 miles to Homestead, FL
- 7 miles to Miami Beach, FL
- 11 miles to Hialeah, FL
- 20 miles to Hollywood, FL
- 29 miles to Fort Lauderdale, FL
- 165 miles to Key West, FL
Frequently Asked Questions About Miami, FL Condos For Sale
What's The Tallest Condo Building In Miami, Florida?
Miami is known for its towering, luxurious condo buildings that scrape the clouds. Here is the top ten of the tallest residential buildings in Magic City where you can potentially buy condos for sale:
- Panorama Tower | Brickell | 869 feet, 85 floors
- Aston Martin Residences | Downtown Miami | 818 feet and 66 floors
- Four Seasons Hotel and Residences | Brickell | 789 feet and 70 floors
- Brickell Flatiron | Brickell | 736 feet and 64 floors
- One Thousand Miami | Downtown Miami | 707 feet and 62 floors
- Paramount Miami Worldcenter | Downtown Miami | 699 feet and 60 floors
- Marquis | Downtown Miami | 679 feet and 63 floors
- Estates at Acqualina | Sunny Isles Beach | 672 feet and 52 floors
- 900 Biscayne Bay | Downtown Miami | 649 feet and 63 floors
- Elysee Miami | Edgewater | 649 feet and 57 floors
What Are The Tallest Residential Buildings Planned In Miami, Florida?
Miami currently holds the title of the Floridian city with the tallest buildings, but its skyline is still on the rise. Some impressive upcoming developments are planned in the city. The following high-rises are in diverse construction stages and when finalized, they will become the tallest residential buildings in the local urban landscape. Keep reading for details:
- Five Park | 519 feet, 48 stories
- Resorts World Miami | 3 towers, each 649 feet tall
- Missoni Baia | 649 feet, 57 stories
- Legacy Miami Worldcenter | Approved for 661 feet, applied for increase to 681.
- E11even Hotel and Residences | 65 stories
- One River Point | 817 feet
- Baccarat Residences | 828 feet, 75 stories
- Okan Tower | 902 feet, 70 stories
- The Towers by Foster+Partners | Two towers, 1,049 feet, 81 stories
- One Brickell City Centre | 1,049 feet, 80 stories
What’s The Newest Condo In Miami, Florida?
As a fast-moving condo market, Miami constantly sees new condo buildings and complexes popping up. Most of these new condos for sale offer a modern, sleek design paired with upscale amenities and unparalleled locations, offering potential residents the possibility of living a high life. Whether looking for your forever, low-maintenance home or a profitable investment, these pre-sale condos are hotter than a Miami summer.
- Aman Hotel & Residences | Miami Beach
Expected to be completed in 2024 - Casa Bella by B & B Italia | Miami Arts + Entertainment District
Expected to be completed in 2026 - Rivage Bal Harbour | Bal Harbour
Expected to be completed in 2026 - Cipriani Residences Miami | Brickell
Expected to be completed in 2026 - Waldorf Astoria Residences Miami | Downtown Miami
Expected to be completed Q1 2027 - Villa Miami | Edgewater
Expected to be completed in 2027 - Dr. Regis Residences | Sunny Isles Beach
Expected to be completed in 2026
What's The Best Place To Buy A Condo In Miami, Florida?
The best place to buy condos for sale in Miami varies depending on the buyer’s lifestyle. Those looking for beach proximity and a relaxed atmosphere can’t go wrong with units in Miami Beach, but if you have a more business-oriented vibe and want easy access to urban amenities and public transportation, Brickell and Downtown Miami are top choices.
For top luxury condos, Bal Harbour or Sunny Isles Beach make fantastic investments, but if you connect more with a bohemian charm and a lush, tropical ambiance, Coconut Grove and Wynwood condos for sale are for you. Below you’ll find a list of the top areas in Miami for condo buyers.
- Miami Arts + Entertainment District
- Downtown Miami
- Brickell
- Miami Beach
- South of Fifth
- Fisher Island
- Edgewater
- Midtown
- Park West
- Wynwood
- Key Biscayne
- Aventura
- Sunny Isles Beach
- Coconut Grove
- Coral Gables
- Bal Harbour
Is Miami, FL Walkable?
While Miami has a reputation for being a car-dependent city, alternatives are available for people moving to condos for sale in Miami who prefer to live vehicle-free. Locals have ride-sharing services and public transportation options, but Miami has always had walkable neighborhoods and nearby cities.
Places like Coral Gables, Coconut Grove, and Miami Beach are traditionally pedestrian-friendly and have recently seen more services becoming available in their downtowns and other areas, allowing residents to eat out, buy groceries, and run some other everyday errands by foot. Even long-established suburbs like Kendall are creating more walkable spaces for residents to enjoy.
What Is The Average HOA Fee In Miami?
If you're considering buying condos for sale in Miami, one thing to consider is the average HOA fee. On average, Miami HOA fees are $415 a month, depending on the building and its amenities. According to data from Trulia, the amount ranked fifth-highest out of the 50 largest metropolitan areas in the nation.
Is Investing In Miami Condos For Sale A Good Idea?
If you're interested in investing in Miami's condo market, you'll likely see a good return on your investment in the long run as property prices continue to increase annually. Additional indicators that Miami condos for sale are a good investment venture include:
- Miami is the 5th fastest-growing region in the nation, and among major destinations in the U.S., it is ranked as the top choice for foreign buyers.
- Miami has a large rental market, with two-thirds of its residents being renters, a similar rate to New York City.
- The average cost of renting a one-bedroom apartment in Miami, FL, is now $2,700, 7% more than last year.
- Miami is a popular destination for job seekers because it is Florida's largest urban economy and the 12th largest GDP in the United States.
- Miami has an energetic entrepreneurial mindset toward small businesses.
- Miami is a popular destination for tourists from all over the world. From 2011 to the present, the number of overnight visitors to Miami-Dade County has increased by 20%, and the number of hotel rooms sold has increased by 22%.
What Is A Livable Salary In Miami, Florida?
The median salary in Florida is approximately $60,000, but in order to have a comfortable lifestyle once you purchase one of the condos for sale in Miami, you will need to earn a higher income. To cover your basic monthly expenses, you'll need to make over $3,000 without including savings. This includes $2,300 for housing, $450 for food, $130 for utilities, and $140 for transport.
What Are Dog-Friendly Condos In Miami, Florida?
Most high-rise condo buildings in Miami welcome dogs, but the ones that stand out are those that provide comprehensive pet amenities and easy access to outdoor areas for dog walks and playdates. Moving to Miami condos for sale with your furry pal? We have highlighted some buildings that are both dog-friendly and conveniently located near great walking spaces:
- South Pointe Tower
- Apogee
- Okan Tower
- Marina Blue
- Missoni Baia
- Nine at Mary Brickell Village
- The Standard Midtown
- Ten Museum Park
Living In Miami, FL Condos
Shopping In Miami, Florida
Miami has plenty of famous malls and department stores, so if you enjoy shopping, you'll have a lot of opportunities to indulge in your favorite activity once you purchase your condo for sale in Miami. Lincoln Road in Miami Beach is a pedestrian street famous for its collection of boutiques, quaint restaurants, and cafés, making it one of the prime locations to find top designer brands.
You can check out the upscale branded stores in the fashionable Design District and explore Miracle Mile, Española Way, and Brickell Avenue. There's also the famous Calle Ocho, home to charming Latin shops and vibrant outdoor markets. Additional shopping opportunities await at:
- Dolphin Mall
- Aventura Mall
- The Shops at Midtown Miami
- Bayside Marketplace
- Upper Buena Vista
- Sunset Harbor Shops
- CocoWalk
Culinary Scene In Miami, Florida
As a melting pot of cultures and flavors, Miami is a well-known playground for adventurous eaters. The city offers a diverse range of culinary options for both tourists and locals to enjoy. From traditional Cuban cuisine at places like Versailles Cuban Restaurant to innovative Japanese fusion dishes at Nobu Miami, there is something for everyone.
Remember to try some iconic dishes while you're here, such as the Cuban sandwich, key lime pie, chicharron, arepas, and delectable stone crab claws. And when it comes to ambiance, Miami doesn't disappoint, either. Savor a waterfront view while dining on fresh seafood, or opt for a trendy rooftop spot with Instagram-worthy cocktails.
Outdoor Activities In Miami, Florida
Greater Miami offers not only urban energy and dazzling cityscapes as attractions. If you observe closely, you can discover a more peaceful aspect of this thrilling city. Countless outdoor activities await near your Miami condo, so you'll enjoy sunny weather and fresh air year-round. Nature-focused experiences you can have in your new city include:
- Take an airboat ride through the Everglades
- Make your camping dreams come true at Big Cypress National Preserve
- Swim and work in your tan in South Beach
- Explore the picturesque kayak and canoe routes at Black Point Marina.
Sports In Miami, Florida
If you love sports, Miami is one of the best cities in the United States to live in. You can support two NBA teams - the Miami Heat and the Miami Marlins, as well as the Miami Dolphins in the NFL. Additionally, David Beckham's Inter Miami CF soccer club has been a part of the city since 2018.
In addition, The University of Miami has a renowned football program that has produced many NFL stars, making it a popular destination for college sports fans. For those buying condos for sale in Miami who may want to play a quick game of volleyball or enjoy water sports like windsurfing, flyboarding, or paddleboarding, any of the local beaches are a great option.